The U.S. Supreme Court <http://topics.bloomberg.com/supreme-court/> wants
to know what undersized fish have to do with Enron Corp.
Taking up an issue with broad implications for federal prosecutions of
people who destroy evidence, the justices today weighed an appeal from a
Florida commercial fisherman who tried to avoid a citation for catching
undersized red grouper by having a crewman toss them back into the sea.
John L. Yates was convicted of violating the Sarbanes-Oxley Act
<http://topics.bloomberg.com/sarbanes--oxley-act/>, enacted by Congress
after the 2001 Enron accounting fraud. Yates was sentenced to 30 days of
incarceration, though the law carries a maximum penalty of 20 years.
http://bloom.bg/1osnJrXhttp://bloom.bg/1osnJrX+
--
Peterk
Dallas, Tx
Save our in-boxes! http://emailcharter.org
"The problems of our economy have occurred not as an outgrowth of
laissez-faire, unbridled competition.
They have occurred under the guidance of federal agencies, and under the
umbrella of federal regulations."
Senator Ted Kennedy, in defending trucking deregulation in 1978.
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